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slavikrds [6]
3 years ago
7

Whenever Donald considers upgrading his personal computer system, he consults with Jeremy, a knowledgeable friend who always has

the NEWEST technology. For Donald, Jeremy is a(n) __________ in the diffusion of innovation curve.
a. innovator
b. laggard
c. late majority
d. early majority
e. early adopters
Business
2 answers:
nadya68 [22]3 years ago
8 0

Answer:

The answer is A.

Explanation:

Jeremy is an innovator. Innovators are always the first person to adopt new ideas or new technology or new products. Innovators are known as risk takers. They are always on the look out for new things(products, technology).

Innovators are rich because new products tend to come with high premium during launching.

IrinaVladis [17]3 years ago
5 0

Answer:

A) innovator

Explanation:

Innovators are the first ones to purchase a new product, they represent a relatively small group of customers.  

The diffusion of innovation theory tries to explain how new technology spreads until it is adopted by a large number (or a majority) of consumers. Innovators are the starting point in the diffusion of new technologies.  

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Calculate free cash flow for 2017 for Monarch Textiles, Inc., based on the financial information that follows. Assume that all c
Luda [366]

Answer:

$34.39

Explanation:

EBIT = EBT + Interest Expense

EBIT = 369.00 + 50  

EBIT = $419

Tax Rate = Tax / EBT

Tax Rate = 147.60 / 419

Tax Rate = 0.352267

Tax Rate = 35.23%

Working Capital, 2017 = Current Assets, 2017 - Current Liabilities, 2017

Working Capital, 2017 = 595 - 345

Working Capital, 2017 = $250

Working Capital, 2016 = Current Assets, 2017 - Current Liabilities, 2017

Working Capital, 2016 = 430 - 265

Working Capital, 2016 = $165

Change in Working Capital = Working Capital, 2017 - Working Capital, 2016

Change in Working Capital = $250 - $165

Change in Working Capital = $85

Capital Expenditure = Net Fixed Assets, 2017 - Net Fixed Assets, 2016

Capital Expenditure = $304 - $152

Capital Expenditure = $152

Free Cash Flow = EBIT * (1 - Tax Rate) - Change in Working Capital - Capital Expenditure

Free Cash Flow = $419*(1- 35.23%) - $85 - $152

Free Cash Flow = $271.39 - $85 - $152

Free Cash Flow = $34.39

7 0
3 years ago
Suppose Intel is considering building a new computer chip-making factory. Assuming that Intel needs to borrow money in the bond
NemiM [27]

Answer:

If interest rates increase, the cost of borrowing money to build the factory becomes higher, so the returns from building the new plant may not be sufficient to cover the costs. Thus, higher interest rates make it less likely that Intel will build the new factory.

6 0
3 years ago
Consider a mutual fund with $200 million in assets at the start of the year and 10 million shares outstanding. The fund invests
inysia [295]

Answer:

At start = $20/share

At end = $21.384

Explanation:

DATA

ASSets at the start = $200m

Outstanding shares = 10m

Dividend income at the end = $2m

Gain in price = 8%

12b-1 fees = 1%

A.

Net assets at the start can be calculated by dividing assets at the start by outstanding shares

Net Assets value at start = Assets at start/Outstanding shares

Net Assets value at start = $200m/10m

Net Assets value at start = $20/share

Net Assets value at the end can be calculated by multiplying gain price with 12b-1 fees

Net assets value at the end = Gain Price x (1-12b-1 fees)

Net Assets value at the end = ($20x$1.08) x (1 - 0.01)

Net Assets value at the end = $21.6 x 0.99

Net Assets value at the end = $21.384

3 0
3 years ago
Jerry is the owner of Tennessee's Treasures, a very successful framing and gift store. Suppliers are anxious to place inventory
34kurt

Answer:

Trade credit

Explanation:

Trade credit is an agreement between two businesses where the supplier agrees to supply goods to a trader and collect payments later. There is no payment at the delivery of the products, but the supplier allows for later payments.

Trade credit allows traders to sell the product at first, deduct profits from the revenue and pay the supplier later. Trade credit can harm a business if the credit aspect is expensive. Should the trader negotiate for good credit terms, then trade credit is a viable option for inventory purchases.

5 0
4 years ago
The values of outstanding bonds change whenever the going rate of interest changes. In general, short-term interest rates are mo
Setler [38]

Answer: False

Explanation:

The volatile short-term interest rates do not affect long-term bonds simply because they are long term.

When it comes to general interest however, Long term bond prices are more volatile to interest rate changes than short term bonds. This is because of how bond prices are calculated.

Bonds are calculated by discounting cashflows over the life of the bond. For a longer term bond therefore, there will be more cashflows over longer periods that need discounting. If rates were to change therefore, the present value of the cashflows especially for the ones further away, will be affected more therefore the long term bond price will be affected more as well.

For example;

Take a 6% $1,000 bond, maturing in a year and a 6% $1,000 bond maturing in 20 years. Assume Yield to be 6% as well.

As the coupon rates equal the yield, both prices will be $1,000

Now assuming the Yield changes to 5%.

Using financial calculators, the 1-year bond will now be priced at $1,009.52

The 20 year bond however will now be priced at $1,124.62.

Conclusion: <em>Long-term bond prices are more sensitive to interest rate changes than short-term bonds. </em>

4 0
3 years ago
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